service tax:- definition of consideration related doubt

Agreement can be both Oral as well as written. Generally people have the habit of entering into written agreement to Avoid Future Disputes and use it as a proof / self defence. Even if no agreement has been entered into , but for the buyer before the before the contract was cancelled it was always an agreement to buythe flat and similarly go the seller it was an agreement to sell the flat. 25% Can be justified as the Concideration paid by buyer to seller to reserve his rights to pccupation of a specific property.